Chrysler Group Employees in the U.S. Will Receive an Average Payment of $650 AUBURN HILLS, Mich., Feb. 16 /PRNewswire-FirstCall/ -- DaimlerChrysler today announced profit-sharing payments for employees of the Chrysler Group. Chrysler Group's 59,000 eligible United Auto Workers-represented bargaining unit employees in the United States will receive profit-sharing payments averaging $650. Profit sharing payments will be paid on March 3. According to Chrysler Group President and Chief Executive Officer Tom LaSorda, the Chrysler Group profit-sharing payments reflect both a successful year and ongoing challenges. "Today's Chrysler Group profit-sharing announcement recognizes the hard work of our employees and our progress toward our 2007 objectives," said LaSorda. "However, our profit-sharing pool was significantly reduced by a number of factors, the biggest being a dramatic increase in retiree pension and health care expenses and U.S. vehicle financing." For UAW-represented employees, profit-sharing awards are a provision of the collective bargaining agreement and determined by a formula based on an adjusted profit-based pool. First Call Analyst: FCMN Contact: ss1005@DCX.COM DATASOURCE: Chrysler Group CONTACT: Michael Aberlich, 011-49-711-177-6915, or David Elshoff, +1-248-512-2690, , both of Chrysler Group Web site: http://www.media.daimlerchrysler.com/ http://www.daimlerchrysler.com/

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